Asst. Manager - Syndication Operations

Abu Dhabi Commercial Bank (ADCB)

Abu Dhabi, UAE

Ref: LP452-391

Job description / Role

Employment: Full Time

JOB PURPOSE:
- Manage a syndication portfolio of 40:50 clients.
- Provide support in structuring syndication facilities.

MAIN TASKS & RESPONSIBILITIES:

Quantifiable
- Manage day to day operation with deserved reputation for innovation and problem solving.
- Maintain control over day to day operation to ensure bank policy and procedures are adhered to.
- Maintain day to day transactions tracker.
- Respond to business correspondents /agents within agreed TAT.

Risk, Audit & Controls
- Ensure efficient control over the processes/activities under responsibility within the operational department of the bank.
- Propose appropriate and prudent control over the risk functions primarily custody of income items.
- Regular department risk review and build necessary and efficient control and mitigation tools.
- Ensure ADCB compliance procedures are adhered to at all times.
- Ensure all credit conditions and approvals are meeting to transactions.
- Ensure that internal & external audit requirements are complied as and when raised.
- Ensure there are no repeated or high risk observations.

Documentation/Training
- Recommend and contribute in updating Policies and Procedures to improve processes and ensure proper controls are in place.
- Monitor measure and report process improvements within the unit.
- Participate in new clients / new facilities on boarding.
- Develop other syndication products knowledge.

Reporting
- Monitor, record, analyze and report on activity trends, results and recommendation relating to processes in the unit.
- Monitor Key Performance Indicator according to agreed standards and take necessary action to communicate, advise/assist according to performance levels.
- Produce regular MIS Frequency as requested by management for review of Risk and Service while submitting monthly risk analysis highlighting its impact to the bank and make recommendations on mitigating identified risk.

Financial
- Ensure there are no commissions / fees / charges leakages across the services and proper collection is in place.
- Maintain Zero operational loss.
- Ensure proper and accurate reconciliation is performed for the department accounts.

Services
- Conduct quarterly FOBO meeting with business partners.
- Conduct service level review and implement changes accordingly to raise the satisfactory rate.
- Measure end to end service level against SLA.
- Establish and maintain strong relationship with business partners and clients.
- Ensure adherence to deadlines and reporting requirements.

Requirements

- University degree in relevant subject (Banking, Business or Finance). MBA an advantage.
- Minimum of 8 years banking experience, of which at least 3 years is in syndication large portfolio facility arrangements & operations.

About the Company

ADCB is a full-service commercial bank offering a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives, Islamic products, project finance, and property management services.

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Operations Engineer salaries in Kuwait

Average monthly compensation
KWD 1,550

Breakdown available for industries, cities and years of experience